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Old 17th July 2008, 18:09   #1
BolshieBastard
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Bank of America has informed all its contractors working in Testing Centre of an announcement to be made at 1.30 of 22 July.

Its not known whether its a rate cut, contractor cull or something else. However, only contractors are affected.
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Old 17th July 2008, 19:00   #2
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Bank of America has informed all its contractors working in Testing Centre of an announcement to be made at 1.30 of 22 July.

Its not known whether its a rate cut, contractor cull or something else. However, only contractors are affected.
It can't be anything serious? If it was they would not have given notice? Unless the mgmt are idiots...
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Old 17th July 2008, 20:04   #3
moorfield
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Oh Dear (TM). That sounds ominous. Get your CV circulating before the rush next week!
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Old 18th July 2008, 08:01   #4
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Deutsche Bank cut rates for all contractors across the board by 20% last week in London, the big money isnt there with the top banks at the moment
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Old 18th July 2008, 11:47   #5
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Rate cut is better than a cull, this darn credit crunch!!
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Old 18th July 2008, 20:53   #6
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Oh Dear (TM). That sounds ominous. Get your CV circulating before the rush next week!
Already in hand!
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Old 22nd July 2008, 13:26   #7
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So did you find out what it was all about?
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Old 22nd July 2008, 13:31   #8
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So did you find out what it was all about?
Yes do tell, I even had a reminder in my calendar for today!
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Old 22nd July 2008, 17:50   #9
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Deutsche Bank cut rates for all contractors across the board by 20% last week in London, the big money isnt there with the top banks at the moment
I haven't heard this from anyone else, and I would have thought it'd have made a news article somewhere. Do you have a link?

As to the money not being with the big banks is rubbish. A 10% cut on 650pd is still miles ahead of comms/law/ins in the same(ish) role.
Last edited by SomeoneElse : 22nd July 2008 at 17:55.
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Old 22nd July 2008, 19:44   #10
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Yes, panic over!

The notification of the meeting should have gone to all 'associates' but instead just went to contractors.

They just blabbed on about nothing in general although did say they would look to automate more testing.

So, no rate cut or contractor cull just yet!
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